IN BRIEF (Page 18)

Internet reshaping fitness industry

The omnipresent internet is reshaping the fitness industry and pushing it to become more accessible, affordable and customized.

The gym comes to you in the sharing economy

Thanks to the fast-growing sharing economy, fitness buffs needn't necessarily "go to the gym." Many can enjoy the luxury of the gyms coming to them.

HK bourse to accept IPOs from new economy sectors

The Hong Kong Stock Exchange - Asia's third-largest bourse by market capitalization - is looking to accept initial public offering applications from new economy companies by the end of this June.

Fresh rules rolled out for electric bicycles

As the world's largest producer of electric bicycles, or e-bikes, China has stepped up safety regulations on this transportation tool, as part of its broader push to upgrade the multibillion-dollar industry with technology and innovation.

Motor giant heads to US market

China's GAC Motor said on Monday that the company plans to begin selling vehicles in the United States by the fourth quarter of 2019.

Uber-like freight service steps up AI investment

China's largest Uber-like freight service provider will step up its investment into artificial intelligence, as it scrambles to tap into the new technology to boost efficiency in matching empty trucks with loads.

US firm Honeywell finds rich growth seam in China

Multinational companies must carefully study Chinese leader Xi Jinping's report made at the 19th National Congress of the Communist Party of China in October last year, as it clearly identifies the potential business opportunities in the country, said a top official from US-based manufacturing and tech giant Honeywell.

Former 'coal city' turns focus to general aviation in upgrade push

Datong in Shanxi province used to be known for its air pollution. Today, the former "coal city" has upgraded its industry structure and is accelerating its green development, launching brand new sectors, including general aviation.

US tax cut may bring mixed effect

The United States corporate tax reduction could provide an opportunity for Chinese companies to increase their market share and even become top leaders of their sectors in China, considering that their US competitors may adjust business strategies in China, EY experts said on Monday.

Shanghai housing market to rebound in 2018

The residential housing market in Shanghai continued to contract due to limited supplies and lending restrictions during the fourth quarter of 2017, according to data from JLL, a realty services provider.

Resources, industrials trigger marginal decline in equities

SHANGHAI - Stocks on the Shanghai Stock Exchange fell on Monday to break an 11-session winning streak, with gains in banking and real estate firms offset by falls in resources and industrial shares, as investors took in profits after a recent bull run.